Citigroup to price geared buffer securities linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., July 11 – Citigroup Global Markets Holdings Inc. plans to price 0% geared buffer securities due Jan. 24, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Citigroup Inc.

If the final index level is greater than the initial level, the payout at maturity will be par plus 150% of the index return, subject to a maximum return that is expected to be 22.5% to 24.5% and will be set at pricing. Investors will receive par if the index declines by 20% or less and will lose 1.25% for every 1% that it may decline beyond 20%.

Citigroup Global Markets Inc. is the underwriter.

The notes are expected to price July 18.

The Cusip number 17324C6W1.

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